Replies to post #351371 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

big ynak

that post of mine - re liquidation refers to common and preferred shares both - the risk is there (maybe a tad more for common than for preferred by IMO for both)

that post was posted in response to a poster asking if the cash is there at F and F for 16 dollars on the preferred shares - it is making money too easy --- when priced at 30-35% of that

I noted that the current lower preferred share price reflects a potential (at some %) for a wipe out

but such potential exists for both common and preferred shares (and maybe a tad skinny bit less so for preferred shares)

and both will rise with any favorable ruling !!!!!!!

(never did I intend to suggest that ONLY preferred bear a liquidation risk)